News List
Southeast Asian Steel Association expresses concern over China’s overcapacity
The Southeast Asian Steel Association (SEAISI) warned that “increased imports” from China would be ignored by Malaysia’s Ministry of Investment, Trade and Industry (MITI). In early May, SEAISI announced that there had been no tangible progress or action by the Malaysian government on the growth of China’s steel production capacity within the country and…
Steel making companies Consortium: Waiting for Memorandum of Understanding for Gas Fields
The Chairman of the Executive Board of Imidro, emphasized on accelerating the conclusion of a MOU and performing relevant studies and following up on participation in the development and storage of gas fields in a meeting with members of the Association of Steel Producers and large Steel Companies . According to the Public Relations…
MMTE’s entry into the International Club of Designers of Electric Arc Furnaces in Steel Industries / Saving Foreign Exchange, Reducing Melting Time and Energy Consumption is among the advantages of Iranian knowledge
For the first time in the country, the Iranian company MMTE attained the technical know-how of designing, modernizing, and optimizing EAF furnaces & ladles in the steel industry. According to Public Relations of Imidro, Mehrdad Naji while stating the above news in a press conference, added: Due to the existence of some international obstacles…
Iron ore price falls as China steel body says output curbs underway
Iron ore fell as China’s top steel association confirmed that output curbs were underway, and long-awaited PBOC rate cuts failed to deliver a sustained lift in sentiment. Futures fell as much as 2.3%, paring gains from Wednesday when the People’s Bank of China announced easing measures, including cutting the seven-day reverse repurchase rate. The…
The Second International Mineral Processing Researchers Symposium will be held
The Head of the Executive Committee of the Second International Mineral Processing Researchers Symposium (IMPRS 2025) stated: This international symposium, supported by IMIDRO, will be held from May 19th to 21st, 2025 (Ordibehesht 29th to 31st, Iranian Calendar) at the Mineral Processing Research Center of Iran. Ziaeddin Pourkarimi declared: this Symposium aims to exchange…
Decarbonisation in Mining 2024/25: Mining in a low carbon future
The mining industry is under ever-growing pressure from end customers and regulators to cut carbon emissions, with net-zero expectations increasingly reshaping business strategies and investment decisions. Creamer Media’s ‘Decarbonisation in Mining 2024/25: Mining in a low carbon future’ report explores how mining companies are working to reduce their environmental footprint through renewable energy, electrification,…
China Built More Clean Energy Than Coal—But Can’t Use Half of It
For the first time in its history, China has more wind and solar power capacity than fossil fuel-based thermal power, the country’s energy regulatory said on Friday. The country’s renewable fleet hit 1,482 gigawatts at the end of March, crossing a symbolic threshold that makes for great headlines—but less great power reliability. Because here’s…
Significant decline in European sponge iron imports in the first two months of 2025 and new opportunities for Iranian steel
According to new data, EU sponge iron imports in the first two months of 2025 fell by 30.9% compared to the same period last year to 408,000 tons. despite a 44.9% drop in exports, Russia, remained the largest supplier of the material to Europe. This significant drop in imports shows a decline in…
Iran’s March steel output rises 3.7% year-on-year: WSA
TEHRAN – Iran’s crude steel production reached 3.3 million tons in March, marking a 3.7 percent year-on-year increase, according to the latest report by the World Steel Association. The rise coincided with a broader global uptick in steel output during the third month of 2025. The association’s monthly report, which analyzes global steel production…
India urging firms to acquire overseas iron ore, coking coal assets
India is encouraging companies to acquire iron ore, coking coal, and other key raw material assets overseas, Steel Secretary Sandeep Poundrik said on Saturday, as the country ramps up its steelmaking capacity to meet rising demand. “We are encouraging our companies to acquire assets abroad, right from iron ore to coking coal to even…
